Promoter Group Members Propose Sale of 4,80,000 Shares to Whole-Time Director at Crop Life Science Limited
Crop Life Science Limited has clarified the details regarding the proposed transfer of equity shares by members of its Promoter/Promoter Group to Mr. Chunilal Samjubhai Virolia, a Whole-Time Director of the company. This corrigendum rectifies an inadvertent typographical error in previously submitted details concerning the seller-wise distribution of the transaction.The sale involves three promoter group members and is being conducted through a market or on-market transaction via the stock exchange. Mr. Chunilal Samjubhai Virolia, identified as the counterparty and buyer/transferee, intends to acquire the shares from the designated sellers.
The aggregate number of equity shares proposed for transfer remains 4,80,000. The details confirming the intended sale by each seller are presented below:
| Seller / Transferor | Shares Proposed |
|---|---|
| RAJESHKUMAR VRAJLAL LUNAGARIYA | 1,76,000 |
| VIJAYABEN A LUNAGARIA | 1,92,000 |
| SUMITABEN RAJESHKUMAR LUNAGARIYA | 1,12,000 |
The transaction involves the transfer of these shares to Mr. Chunilal Samjubhai Virolia, who is already a Whole-Time Director of Crop Life Science Limited. This purchase constitutes 2.81% of the paid-up equity share capital of the company.
Regarding the impact and structure of the proposed sale, the following details have been confirmed:
- Nature of Transaction: The transaction involves the transfer or sale of 4,80,000 equity shares from the Sellers to Mr. Chunilal Samjubhai Virolia via a stock exchange market transaction at the prevailing price.
- Control and Management Impact: There will be no change in the management or control of Crop Life Science Limited following this transfer, as the buyer is already a Whole-Time Director of the company.
- Transaction Status: The sale does not fall under related party transactions concerning the company itself, as it is a transaction between the Sellers and the Buyer/Transferee, and the Company is not issuing or transferring any shares.
The sellers involved in the transfer are:
| Name | Status |
|---|---|
| RAJESHKUMAR VRAJLAL LUNAGARIYA | Seller (Promoter Group) |
| VIJAYABEN A LUNAGARIA | Seller (Promoter Group) |
| SUMITABEN RAJESHKUMAR LUNAGARIYA | Seller (Promoter Group) |
The transaction is proposed to take place between Thursday, July 02, 2026, and Friday, July 03, 2026.
CLSL Stock Price Movement
Shares of Crop Life Science Limited are edging higher to ₹42, gaining 0.48% as of 11:21 AM today. The stock currently trades with a volume of 2,000 shares, maintaining steady movement in the market.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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